Forex Opinion & Analysis

The Australian dollar has rebounded on Wednesday. In the European session, AUD/USD is trading at 0.6705, up 0.28%.Australian CPI Eases to 4.3%Australia’s CPI for November rose 4.3% y/y, down...

USDJPY aims for a bullish breakout ahead of Thursday’s US CPI dataMomentum indicators are encouraging, but trend signals are still cautious USDJPY found new buyers near its 200-day simple...

The FX market appears in wait-and-see mode ahead of tomorrow’s US CPI. Today, there aren’t key data releases, but we’ll keep an eye on speeches by Fed member John Williams and the...

On Tuesday, the dollar index rose to 102 after a period of growth. Investors are in a wait-and-see mood in anticipation of the U.S. inflation data to be released this week, as it could influence...

German industrial production declines Atlanta Fed’s Bostic says he expects two rate cuts in 2024 The euro has edged lower on Tuesday. In the North American session, EUR/USD is trading at 1.0928,...

The US dollar is continuing to consolidate after Friday’s mixed data left the probability of a March rate cut above 50%, keeping yields steady around the 4% mark on the 10-year debt.Investors...

GBPUSD returns above key support trendline, reduces negative risksTechnical signals are encouraging for a continuation to 1.2850-1.2900 GBPUSD stepped on the 20-day simple moving average (SMA)...

Major FX pairs look to have settled into early-year ranges and now await the next big input – Thursday's release of December CPI data for the US. The modest back-up in interest rates this year...

The EUR/USD is going sideways at the moving average. The bears are failing to get strong follow-through, following the January 2nd bear breakout. The January 2nd bear breakout is strong...

Bullish:  We are currently @ 1.9014 in a nice channel and a possible 5th wave. If we can break here, we are looking for a continuation to the 1.000 Fibo @ 1.9070  with the further...

US nonfarm payrolls rise more than expected to 216,000 Tokyo Core CPI expected to ease to 2.1% The Japanese yen has started the week with slight gains and is trading at 144.39 in the European session,...

The US dollar demonstrated strength at the beginning of the year as it surged to reach the 103 level. This surge was propelled by positive US economic data, hawkish signals from the Fed, and an uptick...

The dollar is back around Friday’s open levels against most G10 currencies as markets face contradicting indications from the jobs market and ISM services index. Expect a quiet start to the week...

·       Gold eases beneath 20-day SMA ·       MACD and stochastic indicate more lossesGold is challenging the medium-term...